1606, Lake View Tower
Sold prices and rental history: sold twice, last in October 2012, and rented since 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1606, Lake View Tower
What is 1606 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 9 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,460 sqft
- Floor
- 16th of 36
- Parking
- P2-8 . DMCC-3088
- Developer
- DAMAC
- Completed
- 2009
- Service charge
- AED 26,200 /yr
- Last sold
- AED 985K · October 2012
- Building
- Lake View Tower
About 1606, Lake View Tower
1606 is a two-bedroom apartment of 1,460 sqft on the 16th floor of Lake View Tower, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by DAMAC. It last sold on 24 October 2012 for AED 985,000, or AED 674 per sqft, 9% below the AED 743 two-beds in the building were fetching at the time.
It has been rented since 2026 on 2 Ejari contracts. The current contract, signed on 9 February 2026, is AED 120,000 a year: a gross yield of 12.2% on the 2012 price, before the service charge of about AED 26,200 a year.
Sales and rents for 1606 over time
1606 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Lake View Tower, and where 1606 sits
All 70 2-beds →1606 last sold in October 2012 at AED 674 per sqft, 9% below what two-beds in Lake View Tower were fetching at the time (AED 743). Over the last 12 months two-beds sold for AED 1,780,000 to 1,840,000, around AED 1,260 per sqft, and rent for AED 85,000 to 140,000 a year. 1606's AED 120,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Apr 202620 April 2026 | 1,460 sqft | 1,840,000 | 1,260 | ||
| 14 Nov 202514 November 2025 | 1,381 sqft | 1,800,000 | 1,303 | ||
| 13 Nov 202513 November 2025 | 1,543 sqft | 1,780,000 | 1,153 | ||
| 18 Sep 202518 September 2025 | 1,538 sqft | 1,800,000 | 1,170 |
Lake View Tower
Building497 apartments, studios to 2-bed over 36 floors in Jumeirah Lake Towers (JLT), completed in 2009 by DAMAC. 27 sold in the last 12 months.
- Typical price per sqft
- AED 1,321 Down 7.8%
- Typical sale
- AED 1.07M
- Typical rent
- AED 62K /yr
- Typical yield
- 8.6%
Other units on the 16th floor
All 497 units in Lake View Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 855 sqft | AED 551KAED 551,000 · Dec 2009December 2009 | 74,970 /yr | |
| 1602 | Studio | 415 sqft | AED 580KAED 580,000 · May 2023May 2023 | 50,000 /yr | |
| 1603 | 1-bed | 831 sqft | AED 715KAED 715,000 · Nov 2009November 2009 | 70,000 /yr | |
| 1604 | 1-bed | 811 sqft | AED 665KAED 665,000 · Jul 2009July 2009 | 75,000 /yr | |
| 1605 | 1-bed | 1,420 sqft | AED 1.75MAED 1,750,000 · Sep 2024September 2024 | 135,000 /yr | |
| 1607 | 2-bed | 1,460 sqft | AED 1.1MAED 1,096,000 · Mar 2012March 2012 | 118,000 /yr | |
| 1608 | 1-bed | 1,420 sqft | AED 1.13MAED 1,125,000 · Dec 2013December 2013 | ||
| 1609 | 1-bed | 831 sqft | AED 750KAED 750,000 · Nov 2022November 2022 | 80,000 /yr | |
| 1610 | 1-bed | 831 sqft | AED 1.04MAED 1,040,000 · Feb 2026February 2026 | 75,308 /yr | |
| 1611 | Studio | 415 sqft | AED 359KAED 359,000 · Mar 2013March 2013 | 48,500 /yr | |
| 1612 | 1-bed | 855 sqft | AED 400KAED 400,000 · Feb 2021February 2021 | 70,000 /yr |
1606, Lake View Tower in numbers
- Sold twice: first on 25 May 2009 for AED 1,096,000, last on 24 October 2012 for AED 985,000 (AED 674 per sqft).
- Rented since February 2026 on 2 Ejari contracts, at AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2012 price is 12.2%, before a service charge of about AED 26,200 a year (AED 17.97 per sqft).
- Two-beds in Lake View Tower sold for AED 1,780,000–1,840,000 in the 12 months to November 2026; the building's median across all types is AED 1,321 per sqft.
Source: Dubai Land Department. Updated 9 February 2026.
Questions about 1606, Lake View Tower
What did unit 1606 last sell for?
AED 985,000 on 24 October 2012: AED 674 per sqft for 1,460 sqft. The unit has 2 registered sales; the first was AED 1,096,000 in May 2009.
What is the rent for unit 1606?
AED 120,000 a year on the contract signed on 9 February 2026. The previous contract, from February 2026, was AED 120,000.
How big is unit 1606?
1,460 sqft (135.6 sqm): a two-bedroom apartment on the 16th floor of a 36-storey tower completed in 2009.
What is unit 1606 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Lake View Tower sold for AED 1,780,000 to 1,840,000 in the last 12 months, around AED 1,260 per sqft.
Selling 1606? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1606, Lake View Tower
Starts from the last sale price (AED 985K, 24 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 985,000
- Deposit, UAE resident (20%)
- AED 197,000
- Deposit, non-resident (40%)
- AED 394,000
- Monthly over 25 years at 3.7%
- AED 4,030
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →